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National average credit scores in Canada. In a November 2024 blog post, FICO reported that the average credit score in Canada was 760, two points lower than the average it reported in 2023.
The definition of a good credit score depends on the reporting agency, but generally, ... (FICO) reported in November 2024 that the average credit score in Canada was 760.
Denials for credit. If you have bad or average credit (FICO scores below 670), you may have lower approval chances for credit cards and loans. This may impact some goals you're looking to achieve ...
The average credit score in the United States is 717. High interest rates and lingering inflation contribute to more missed payments, debt accumulation and difficulties in improving your credit score.
Millennials’ Credit Score: 691-704. FICO breaks down the average credit score by age range, and as millennials span over two of those age brackets the scores have a wider range.
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